It May Be A Lot Harder For Bankers To Pop Bottles With Their Clients In The Near Future

Firms have long banned employees from entertaining clients in
strip clubs, but now they're cracking down even more.

Several London banks have decided to ban employees from buying
their clients shots and "pricey" bottle service, according to a
Bloomberg report.

And on top of that, one London bank has started to impose
curfews: senior bankers won't be allowed stay out with clients
past midnight.

But that's not so bad, considering the fact that junior bankers
won't be allowed out past 10.

All of these bans and restrictions show that banks are "becoming
increasingly specific about what's tolerated and what won't be,"
the report states.

In the last year, Barclays banned its employees from receiving
gifts from brokers and Goldman Sachs declared that investment
bankers aren't allowed to trade individual stocks and
bonds. And there's more where
that came from.

Overall, the latest bottle service and shots bans are expected to
have a "positive impact."

"A sober staff member is less likely to make an error of
judgment, whether in conversation with a client on a night out or
on the trading floor the next day," said Paul Quain, a GQ
Employment partner.